Monsanto: Corporate Social Responsibility Essay
Sustainable Responsible Business:
A study of the performances of Monsanto
In todayâ€™s modern business world, commerce implements operation, drive and manner notions with endorsement and adoption of corporate social responsibility as a matter of course (David Henderson 2004). The stakeholder groups, for instance, governments, communities, suppliers, employees, customers and stockholders persistently claim administrators to dedicate capitals to corporate social responsibility (McWilliams and Siegel 2001, 117). Despite the fact, strategic corporate social responsibility is far more selective on being a standing corporation rate citizen and also addressing the social issues that the corporate creates (Micheal E. Porter and …show more content…
The seed monopoly not only carries out awful upshot to people but also the farmers. Monsanto is treating the farmers in United States with the use of legal actions cruelly (Monsanto 2011). One of the case was the Nelson Farm endured litigate by Monsanto as planted the genetic engineered seeds from last season which violated the companyâ€™s patent (Robert Schubert 2001). Next to that, the wind will hold Monsantoâ€™s patented seeds to the neighbouring farms. Those farms that do not use Monsantoâ€™s seeds but have been discovered to have genetically altered crops will be undergoing a lawsuit with Monsanto (Monsanto 2011). Of course without the companyâ€™s copyright, the farmers will not have to be vexed on the high cost of farming.
Fortes of Monsantoâ€™s Genetic Engineering
The genetic engineering has brought humiliations to the corporation and terrible affects to the stakeholders; on the other hand, there are actually some benefits the sophisticated technology conveyed to the stakeholders by the company.
The core advantage can be the speed of crops production. Along with some investigators, with genetic engineering technology, the necessary growth